"Bitcoin is the most important invention in the history of the world since the Internet"

What is Bitcoin?

Bitcoin

the beginning

"It's money 2.0, a huge huge huge deal." Chamath Palihapitiya

There are many questions about Bitcoin, but the most common one to be asked is, “Who created it?” That answer is not straightforward, because the identity of the creator remains a mystery. All we have is a pseudonym - Satoshi Nakamoto. The accounts are no longer active; the coins in his wallet have never been spent. Satoshi Nakamoto has disappeared from the world, or so it would seem.

Fast Company recently published an article suggesting that Satoshi Nakamoto could be a group of people, including Neal King, Vladimir Oksman, and Charles Bry. Apparently, these three people filed for a patent related to secure communication just two months prior to the purchase of the Bitcoin.org domain. Perhaps it’s a coincidence; perhaps it’s not.

The mystery that surrounds Satoshi Nakamoto is fitting; privacy was a key value for both Bitcoin, and its users. Others have tried to claim his mantle - most recently an Australian man named Craig Wright, who has since withdrawn his claim. While we may never know who first created Bitcoin, we do know that the technology he started has left ripples in the financial industry.

What Is XDN? XDN is short for DigitalNote; a cryptocurrency announced as duckNote back in 2014 with the aim to bring an untraceable messaging platform. Where not even the fact of the message being sent can be known and is only decryptable by the recipient. As a lot of people might say. That can be Read more about DigitalNote (XDN)[…]

What Is Siacoin? With the creation of Bitcoin, the world saw a significant rise in blockchain-related projects. And ideas, thus, creating the cryptocurrency ecosystem that we know today. To this day, the overall number of altcoins goes beyond the 700, with more being built as we speak. That means that someone wishing to stay updated Read more about Siacoin[…]

What Is DGB? Back when Bitcoin came out in 2010, everyone was blown away by the grade of modernization. Brought by the platform to the way we use money. And it even began changing the way we see money and value. Shaking the very core concepts that made our understanding of economics. Little did Read more about DigiByte[…]

ReddCoin What Is RDD? It could be said that we’ve finally reached a stage where cryptocurrencies aren’t a mystery to most people. And those who have absolutely no idea about what Bitcoin or electronic currencies. Seem to be quickly transforming into a minority. One consequence of the popularisation of cryptocurrencies is a better understanding of Read more about ReddCoin[…]

What should you know about IOTA IOTA is identified as an open-source distributed ledger, or cryptocurrency concentrated on giving secure communications and payments. Within the Internet of Things using directed acyclic graph (DAG) technology instead of the traditional blockchain. What is IOTA? It is a revolutionary new transactional settlement and data transfer layer for the Read more about IOTA[…]

Cardano: The latest crypto player that is taking over the world Anyone looking into coinmarketcap.com should have seen a new player in the top 10 that was not there before at the beginning of the year. This new cryptocurrency goes by the ticker ADA, and it’s part of Cardano. For as exciting as this Read more about Cardano ADA[…]

Introducing users to Stellar Stellar is a decentralized protocol recognized for transferring and accepting money in any currency. It means that users could, for example, make a transaction from their Euros. And have it completed in Yen, Euros or even bitcoins. Stellar developers expect to support the usual categories for transactions; from payments to a Read more about Stellar Lumens[…]

TenX, the new cryptocurrency Like OmiseGo, if you’re looking for a profitable long-term wallet, you can’t miss TenX. This project went from ICO to enter the top 25 of cryptocurrencies in less than two months. An incredible team, a fantastic product, and its potential are immense. Let’s see then What is TenX? TenX becomes the Read more about TenX[…]

What is EOS and what should you know about it Designed to support commercial-scale decentralized applications, EOS is a blockchain-based, decentralized operating system, which provides all of the necessary core functionality (including databases, scheduling, authentication, and handles communication between the application and the internet), also allows developers to focus on their particular business logic. The Read more about EOS[…]